Party General Secretary and State President To Lam has expressed his belief that Vietnam and India will soon raise their bilateral trade to 20 billion USD, and even more than 30 billion USD by 2030, doubling the figure last year.

Founder and Chairman of India’s Adani Group Gautam Adani has decided to contribute US$1 million to the Central Relief Committee of the Viet Nam Fatherland Front to help the Southeast Asian nation overcome the devastating consequences of typhoon Yagi.

Prime Minister Pham Minh Chinh had separate meetings in New Delhi on July 31 with representatives of leading Indian groups specialising in infrastructure and pharmacy, calling on them to invest in big, high-tech projects in Vietnam, as part of his ongoing state visit to India.

Vietnam and India see advantages and potential for bilateral cooperation in developing manufacturing industries such as mechanics, electricity, electronics, digital technology, and energy, experts said at a trade connectivity conference held in Ho Chi Minh City on July 18.

Semiconductor company Amkor’s additional investment of 1.07 billion USD has helped to strongly increase the total figure for foreign direct investment (FDI) pledges to Vietnam in the first six months of 2024.

President welcomed Indian corporations to invest in Vietnam in strategic sectors as oil and gas, infrastructure, seaports, and emerging fields like digital transformation, artificial intelligence, semiconductors, clean energy, and energy transition.

Frozen shrimp continued to be the top export item, both in quantity and value India's seafood exports achieved a record high in volume for the financial year 2023-24.

Minda Corp successfully signed a joint venture agreement with HCMF aimed at manufacturing sunroof and closure technology products for passenger cars by localisation in India.